BDC Archives - DAILY TIMES Nigeria

Business

BDC operators struggle to buy forex despite naira recovery

DailyTimesNGR DailyTimesNGR 6 March 2025 0

BY MOTOLANI OSENI Bureau De Change (BDC) operators in Nigeria, represented by the Association of Bureau De Change Operators of Nigeria (ABCON), are facing difficulties purchasing foreign exchange (forex) from banks, despite the recent recovery of the naira. The ABCON President, Aminu Gwadebe,

Business Headlines

Forex transactions hit N26.57tr in 5 months

Ihesiulo Grace 27 June 2018 0

Nigeria’s Foreign Exchange (Forex) market which would in the next few days’ wrap-up transactions activities for the first six months in 2018 has recorded a whopping total traded value of N26.57 trillion between January and May this year, investigations by The Daily Times revealed. It is instructive to note that forex market represents a platform […]

Business

How BDC operators dump CBN’s window for parallel market

Ihesiulo Grace 10 January 2018 0

New facts have emerged on how the Bureaux De Change Operators in Nigeria are currently shunning the Central Bank of Nigeria’s (CBN’s) Foreign exchange (forex) market for a more profitable parallel market rate, findings by The Daily Times have revealed. Before now, Association of Bureaux De Change Operators of Nigeria (ABCON) has several times, called […]

Trending